Dance producer Guy J sells token representing new track's royalties for 40 ETH
A Malta-based progressive house producer has sold an NFT granting 50% of streaming royalties from an exclusive single to the token buyer. The crypto-powered music streaming platform Rocki has sold its first “royalty income right NFT” — a token granting its owner a 50% share in all royalties generated by a specific track's streams on the site.The token corresponds to a track titled “Cotton Eyes” that has been exclusively released on Rocki by Malta-based progressive house producer Guy J.The ERC-721 royalty income right token was auctioned alongside an ERC-1155 “listening right” token,....
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